HomeMy WebLinkAboutDOC000-8_CCv0001.pdf MINUTES of a regular meeting of the Governing Board of the Redlands Financing
Authority of the City of Redlands held in the City Council Chambers, Civic
k Center, 35 Cajon Street, at 3:19 P.M. on January 18, 2011.
PRESENT Pete Aguilar, Chairman
Paul Foster, Vice Chairman
Jon Harrison, Member
Jerry Bean, Member
Bob Gardner, Member
ABSENT None
STAFF N. Enrique Martinez, Executive Director; Daniel J. McHugh, Attorney; Tina
Kundig, ControllerfTreasurer; and Sam Irwin, Secretary
PUBLIC COMMENTS
None forthcoming.
CONSENT CALENDAR
The minutes of the regular meeting of November 16, 2010, were unanimously
approved as submitted on motion of Mr. Harrison, seconded by Mr. Bean.
NEW BUSINESS
Bond Sale -At the request of staff, Controller/Treasurer Kundig advised that
more time is required to coordinate staff presentations. On motion of Mr.
Harrison, seconded by Mr. Foster, it was agreed to adjourn this meeting to
February 1, 2011 to coincide with the next regular meeting of the Redlands
City Council to allow staff to present information on the Capital Improvement
Program for Water and the program needs of the City of Redlands Wastewater
before the Board considers the matter of a proposal to authorize the issuance,
sale and delivery of Water and Wastewater Revenue Refunding Bonds, and
the execution and delivery of a Trust Agreement, a Water Installment Sale
Agreement, an Official Statement, an Escrow Deposit and Trust Agreement, an
Agency Agreement, and a Bond Purchase Agreement and certain other
actions in connection with issuance sale of such bonds.
ADJOURNMENT
Pending further action, the Governing Board's meeting of the Redlands
Financing Authority was continued to February 1, 2011.
Sam Irwin, Sdcretfiry
Redlands Fktancing Authority
January 18,2011
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